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Strategic Insurance Professional
2 weeks ago
Business Development Manager
About the Role:The Business Development Manager plays a vital role in driving growth by managing client relationships, identifying new business opportunities, and delivering exceptional service.
Key Responsibilities:- Client Relationship Management: Foster long-term partnerships with clients to ensure satisfaction with coverage and service.
- Sales and Growth: Identify new revenue streams, cross-sell, and up-sell insurance products, leveraging a portfolio of clients.
- Risk Assessment: Conduct thorough risk assessments for clients, recommending tailored insurance solutions.
- Negotiation & Renewals: Negotiate with insurance carriers to secure favorable rates and oversee policy renewals.
- Claims Support: Provide seamless claims support, ensuring fair settlements and timely resolutions.
- Market Awareness: Stay abreast of industry trends, regulations, and new products to offer expert advice.
- Team Collaboration: Collaborate closely with underwriters, claims adjusters, and other departments to deliver outstanding results.
- Compliance & Documentation: Ensure all policies and communications adhere to regulatory requirements and company policies.
- A Degree in Business or related field
- Minimum 5 years sales experience in general insurance
- Excellent communication and interpersonal skills